News Now

He has been executive director at NCUF since May 2010. Previously Sebastian spent 20 years as CEO of Tampa, Fla.-based GTE FCU.

Sebastian also served as executive director and general counsel of the National Credit Union Administration from 1981 to 1985 during Edgar F. Callahan's tenure as chairman. Upon leaving NCUA, Sebastian co-founded Callahan & Associates, a credit union consulting firm.

He also served as a former general counsel of the Illinois Department of Financial Institutions.

"Bucky has done an outstanding job over the last three years in directing the foundation to focus its efforts on financial education and a number of key initiatives to benefit the credit union movement," said Credit Union National Association President/CEO Bill Cheney. "We will miss him and want to thank him for his many contributions to the foundation as well as the CUNA/league system."

NCUF Board Chair and Tampa, Fla.-based Floridacentral CU President/CEO Laida Garcia, announced she will appoint a search committee to recruit for a successor. "While we congratulate Bucky on his upcoming retirement, we also acknowledge the loss of an excellent leader, who will be greatly missed," Garcia said.